Philip Morris International Inc at Deutsche Bank dbAccess Global Consumer Conference Transcript
Okay. Good morning, everybody, and thank you for attending this meeting, fireside chat with Jacek Olczak this morning, Chief Exec of Philip Morris. I'm Damian McNeela, Head of Tobacco Research here at Deutsche Bank. I think Jacek, you have some opening comments to make before we get into some questions.
Just to close the loop earlier today issued a press release reflecting the latest dynamic environment on the exchange rates. So we adjusted our guidance just for the currency. The whole underlying view for the year remains intact. I guess later on, we're going to talk, which is also in our release about the ZYN, ZYN Ultra and maybe in Japan.
But the way we look how we're unfolding -- well, almost about the half of the year through I mean most of our assumptions are coming as we predicted them, we're estimating them at the beginning of the year, including the evolution of the volumes in Japan post the tax hike and price
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